Late alum Buchanan's Nobel Prize heading to MTSU

Gift presentation planned Thursday during celebration of life outside Honors College

8:52 PM,
May 7, 2013

While visiting MTSU in 1988, the late Dr. James M. Buchanan holds the Nobel Memorial Prize in Economics and Science he was awarded in 1986 for his development of the contractural and constitutional bases for the theory of economic and political decision making. He is the only alumnus to be awarded a Nobel Prize. Buchanan supported his alma mater throughout his life. He contributed greatly to the University Honors College, and the Buchanan Fellowship, which is awarded to only 20 students per year, is the highest award offered by the University.

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From MTSU

The Nobel Memorial Prize in Economic Sciences awarded to the late James M. Buchanan in 1986 is heading to Middle Tennessee State University.

The family of Buchanan, a Rutherford County native who graduated from the then-Middle Tennessee State Teachers College in 1940 and who died Jan. 9, will give his Nobel Prize to MTSU on a perpetual loan basis Thursday, during a celebration of life.

The event, which also will include other major announcements regarding Buchanan's estate, will be held starting at 4 p.m. outside the Paul W. Martin Sr. Honors Building in an area near the John Bragg Mass ...